Saturday, April 12, 2008

Inflation Causes Riots WorldWide...Food costs..

I commented re: how inflation will hurt retail spending and the economy in a previous post.

Imagine if you could barely afford to feed your family. Egypt and Haiti are highlighted in the above article but, in China & Vietnam, as an example, there are HUGE problems going on with the rice prices going up by nearly 100% in a few years (the main food staple).

Forget a declining economy, we are talking about widespread panic/survival of the fittest in some 3rd world economies now....

Dan Ross

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